Sembcorp has a flag pattern. It tried to break it on the upside yesterday but did not close above. Yesterday's market was very good on the upside across most stocks. So Sembcorp may be a laggard. A move above 4.15 would be a good entry point. Similar chart patterns would be that of SGX.
Target would be to fill the gap 4.71-4.6
Cut loss level would be 3.80.
This gives a reward/risk ratio of 1.30.
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